Category: Nigeria

Nigeria, the disabling environment: Part 2, no finance, no rights

5 February, 2009 (10:37) | Ecosystem, Global news, Legislation and policy, Nigeria, Theory, Urbanization |

[Continued from yesterday's Part 1.] To cheer you up from the current global capital mess by focusing on the misfortunes of others, I’ve been working through a recent article from The Guardian, Nigeria tangentially enumerating all the blockages in a disabling capital environment. Yesterday’s post listed rule of law (highwaymen!), lack of political context (a barely-civil […]

Nigeria, the disabling environment: Part 1, no law, no money

4 February, 2009 (11:20) | Ecosystem, Global news, Legislation and policy, Nigeria, Theory, Urbanization | 3 comments

So used are we in the developed world to the presence, even omnipresence, of a capital-enabling environment – of governmental and legal infrastructure that supports capital’s movement and wealth’s generation and accumulation – that we take it for granted.  Yet for much of the world, these basics are not only lacking, their emergence is blocked.  […]